In the Context of Effective Teams, a Team Achieves __________

question 173

Short Answer

In the context of effective teams, a team achieves __________ when the members of the team are sufficiently satisfied to continue working well together on an ongoing basis.

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Definitions:

Total Utility

The total satisfaction or benefit that a consumer receives from consuming a certain quantity of a good or service.

Utility Schedule

A table showing the level of satisfaction or utility that a consumer derives from different quantities of a good or service.

Marginal Utility

The increased happiness or advantage derived from the consumption of one extra piece of a good or service.